Stay away, is all I can say.
They have never produced much in terms of magnesium.
They have never had any profits.
They are changing business strategies as they please or as they are asked to do.
Production was scheduled to recommence in Feb 16, which obviously has not occurred.
Worst of all they do not communicate with either existing or potential investors.
The only revenue they ever made in one half yearly was from trading magnesium, pig iron and other stuff, which was never in their business plan in the first place and is absolutely not the reason why I invested in this company.
You have better changes in race 5 at the Dapto dogs.
CMC Price at posting:
1.5¢ Sentiment: Sell Disclosure: Held